The Basics of Business Accounting
Learn the fundamentals of business accounting, including financial statement interpretation and key accounting concepts. Perfect for anyone looking to expand their business foundation or enhance their management skills.
The ability to understand and interpret financial statementsBalance Sheets, Income Statements, Cash Flow Statements and Statements of Owners’ EquityThe fundamentals of Accural AccountingKey accounting concepts such as Depreciation, the Fundamental Accounting Equation, Revenue Recognition, Assets, Liabilities, and much more.Terminology like SGA, Amortization, Unearned Revenue, Current and Non- Current Liabilities, Fixed Assets, and much more.The Basics of Business Accounting starts at the very beginning introducing the student to essential accounting principles and concepts that apply to any business or industry. Through this course, the student will learn to interpret the key sections of the Four Main Financial Statements: the Balance Sheet, the Income Statement, the Cash Flow Statement, and the Statement of Owners’ Equity.Students will learn to apply the Fundamental Accounting Equation, and other vital accounting concepts such as depreciation, revenue recognition, accrual accounting, cash flow, and many others.The Basics of Business Accounting will add the crucially important skills of understanding, interpreting and building financial statements to your existing business and management skill base.Ray has done a great job by teaching a robust approach to accounting that has ranged from its history to practical development and application. – Dion B.Who this course is for:Anyone desiring to expand their business foundationEngineers, technicians, supervisors, non-financial managers, inventory specialistsSmall business owners, manufacturing supervisors, entrepreneurs
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